How to apply home loan in sbi?

I can help you with the process through which you can easily do the SBI housing loan apply online. I had thought of applying through the conventional way by going to the official website of the bank. But, when I shared the same with one of my friends, he told me to apply for the loan through NoBroker. This is because they have an exclusive offer where applicants can get up to Rs. 40,000 on home loan disbursal. So, let me share the complete process of applying through NoBroker, which will help you gain the benefit of this scheme, too.

How to Apply for Home Loan in SBI Online?

1. Visit

   NoBroker’s Home Loan page

   .

2. Start by checking your loan eligibility where you need to share your name and mobile number. You’d have to share the OTP to validate your number. Tick yes or no to answer whether you have finalised the property or not. Then, tick the checkbox for terms and conditions and click on Check Eligibility. 

3. Share your Email ID and PAN number. Then, click on ‘Generate Credit Score’.

4. Once you have cleared the eligibility criteria. 

5. You’ll be able to view loan offers that best suit your profile. 

6. Select a loan offer and submit. Once the application is submitted successfully, the NoBroker team’s loan officer will process your application.

7. An appointment will be scheduled to explain the interest rates, processing fee, and the eligible loan amount. They’ll also collect the required documents for the loan application.

8. The officer will take things forward once everything is done to disburse your loan.

I hope you find this helpful to learn how can I get home loan from SBI.

Check your Home Loan EMI here!

Some related information: What is Drawing Power in SBI Home Loan Meaning?

The thought of SBI home loan how to apply has definitely come to your mind while deciding about securing a home loan from a bank. The State Bank of India (SBI) is the safest option to go for if you want the home loan to purchase a property. I will share with you all the information regarding how to apply home loan in SBI below. Before telling you about how to apply for home in SBI, I will explain the eligibility criteria to secure a home loan. Age: The minimum age to secure a home loan in SBI is 18 years. The maximum age to secure a home loan in SBI is 70 years. Loan Amount: Depending on your age and salary you can secure between 25 lakh to 70 crore to get a home loan. CIBIL Score: The CIBIL score is crucial to secure a home loan from any bank. The minimum CIBIL to secure a home loan from SBI is 650 and above. Co-applicant If you secure a home loan with a co-applicant the chances to get a home loan from SBI increase. So, to get a home loan you can think about adding a co-applicant to your home loan.

Documents required to secure a home loan from SBI

• Employer Identity card
• Loan Application form
• 3 passport size photographs
• Identity Proof that includes PAN/Passport/Driver's License/ Voter ID Card
• Proof of Residential Address
• Documents showing the last 6 months bank account statement under the name of the applicant
• Proof of documents of previous loan statement from other banks (if any)
• Last 3 month's salary slip
• Copy of Form 16 for last two years

If you are someone who belongs to the Non-salaried applicant group you will need:

• Business address proof
• Last 3 year's IT returns
• Balance Sheet of last 3 years
• Details of business license
• TDS Certificate
• Qualification certificate such as C.A/ Doctor and other professions.

How to apply SBI home loan online?

If you are wondering how to apply home loan in SBI online you can visit the SBI web portal and apply online. You need to enter your contact details on the application. After submitting the application form online you can expect a call from the representative for securing the home loan. You can also visit the nearest SBI bank and submit the application form to the bank. You will receive a call from the bank representative after a few days. I hope I was able to clear your doubts regarding SBI home loan how to apply. If you want to secure a home loan at a lower interest rate try NoBroker’s home loan services. If you plan to apply for a housing loan through NoBroker, then you should check your eligibility first to avoid loan application rejection:

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Read more: What is the home loan interest rate in SBI What is Part Period Interest in SBI Home Loan Is property insurance mandatory for SBI Home Loan What is a good CIBIL score for home loan?